TOKEN BFX has lost almost 70%

in #bitcoin9 years ago



Most expect the token to the BFX Bitfinex become a hot asset. This seems rather odd, as each coin represents a promissory note between the company and the user. Resume trading, Bitfinex able to recoup a significant loss due to additional fees. Furthermore, when the value of the coin goes up, it shows a general attraction exchange.

The initial value of the token is $ 1, but has since fallen to $ 0.31. A similar trend was observed in the bitcoin market where BFX token costs decreased from 0,002 BTC to 0.00053 BTC.

Tokens can be sold BFX

It should be remembered that, while these tokens have their own cost, they are in arrears. Some traders bought these coins to get a stake in the company. Best if it is a business decision, it remains to be seen. In the end, if Bitfinex was hacked and lost $ 65 million once it can happen again.

Falling value of the token BFX is not unexpected. Many users were unhappy with this turn of events and the losses incurred by them.

The most important function of the exchange are not yet available. It is not yet the opportunity to either invest or withdraw funds. But trade is gradually resumed. There is still a very long way to go to restore the reputation of the stock exchange. Therefore BFX trading at the moment is a risky strategy.